TECHNICAL ANALYSIS
GOLD
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
Thread: Gold
TECHNICAL ANALYSIS
GOLD
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
analysis for today 12 / 4 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1229.42 R2 1238.87 R3 1257.62 R4 1295.12
Support : S1 1215.54 S2 1206.09 S3 1187.34 S4 1149.84
Open : 1222.71
High : 1224.84
Low : 1220.12
Range : 472 Pips
Running Price : 1221.15
For intraday trade today suggest SELL at the level 1221.15 stop loss at the level 1229.42 target take profit at the level 1187.34 or at the level 1149.84
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By using moving 25,50,100,200
the pair close above moving
so i expect the pair will go t moving to up
so buy from 1224.24
st: 1275.48
tp:1200.01
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the pair broke the support to down way in 1h chart
MACD and RSI refer to down way
our position short sell at :1223
our 1st target :1219
2nd target :1200
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gold me trading krne sy phale hume trand hona lazme han Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525.
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Pair :Gold
Updated : 4 dec
price : 1223.96
movement : -5.3 Pips
movement : -0.05%
Support : 1210.10
Pivot : 1222.30
Resistance : 1235.75
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in 1h chart
the pair is trade up the broken dawn trend
i see the pair will up to 1st tp : 1250
2nd tp : 1275
good luck![]()
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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